The Federal Deposit Insurance Corporation (FDIC) has issued guidance setting out supervisory and regulatory relief measures for FDIC-supervised financial institutions affected by the severe winter storm in Tennessee, alongside expectations for working constructively with impacted borrowers to support recovery. The relief package covers FEMA-designated federal disaster areas in Tennessee following storm-related damage from January 22, 2026 to January 27, 2026, with counties listed in the FDIC notice. The FDIC indicated it will not criticize prudent loan term adjustments or restructurings consistent with safe-and-sound banking practices, and noted institutions may receive favorable Community Reinvestment Act consideration for eligible community development loans, investments, and services that support disaster recovery. Additional measures include case-by-case flexibility for delays in regulatory reporting, potential relief related to publishing requirements for branch actions and temporary facilities, expedited handling of requests to operate temporary banking facilities, and a reminder that Regulation Z permits waiver or modification of the three-day rescission period for principal dwelling-secured loans in a bona fide personal financial emergency. Institutions expecting reporting delays or facing difficulties meeting publishing or other requirements are directed to contact the FDIC’s Dallas Regional Office, and the FDIC noted FEMA may make additional disaster-area designations after further damage assessments.
Federal Deposit Insurance Corporation 2026-04-22
Federal Deposit Insurance Corporation offers supervisory and regulatory relief for FDIC-supervised institutions in Tennessee disaster areas after severe winter storm
The Federal Deposit Insurance Corporation has issued guidance outlining supervisory and regulatory relief for FDIC‑supervised institutions in FEMA‑designated Tennessee disaster areas affected by the January 22–27, 2026 winter storm. Measures include non‑criticism of prudent loan modifications, potential favorable Community Reinvestment Act consideration for qualifying disaster‑related activities, case‑by‑case flexibility on regulatory reporting and publishing requirements, expedited processing of temporary banking facilities, and a reminder that Regulation Z allows waiver of the three‑day rescission period in bona fide financial emergencies.